The control process
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This image is part of a series that was created for an open textbook, Fundamentals of Business, 4e. The textbook will be available Fall 2022 at https://vtechworks.lib.vt.edu/.
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Kindred Grey (2022). "The control process." CC BY 4.0.
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A list of the Control Process. From 1 to 5 the steps are: 1) Set the standard by which the performance will be measured. 2) Measure performance. 3) Compare actual performance with the standard and identify any deviations from the standard. 4) Determine the reasons for the deviation. 5) Take corrective action if needed.
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